The Federal Reserve Bank of New York works to promote sound and well-functioning financial systems and markets through its provision of industry and payment services, advancement of infrastructure reform in key markets and training and educational support to international institutions.

The Outreach and Education function engages, empowers and educates the Second District communities that the Bank serves, especially civic leaders, students, educators, small business owners, policymakers and the general public. It furthers the Bank's commitment to the region by listening to the communities we serve and leveraging our unique attributes to positively impact school and university programs, as well as analysis and research.

Emerging Markets and International Affairs

The Emerging Markets and International Affairs Group supports two of the Bank's key objectives: fostering international financial stability and expanding international relationships.

Development Studies and Foreign Research

Evaluates macroeconomic, financial, and political developments in emerging and newly industrialized economies.

Evaluates country and transfer risk for individual countries on behalf of the Inter-agency Country Exposure Review Committee (ICERC).

Prepares studies to enhance the bank's general understanding of economic and political trends in emerging market countries.

Financial Markets and Institutions

Analyzes developments in both G-10 and emerging market financial systems, including supervisory and regulatory issues, and accounting practices.

Analyzes current debt and equity market developments in emerging economies.

Engages in various projects covering a wide range of international financial issues.

International Affairs

Acts as the principal liaison between this bank and foreign central banks, other official sector agencies and institutions, international financial organizations, and the private sector financial community.

Arranges and coordinates central bank bilateral and international capital markets committee meetings for the bank's president and senior officers.

Coordinates and directs technical assistance with central bank authorities and international financial institutions.